Insiders, Management and Partners own 55.5% of Glen Eagle’s stock

MONTREAL, April 11, 2018 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (TSX-V:GER) reports that Insiders and Management have kept increasing their holdings in the Company to 45 million shares or 55.5% of all outstanding shares, demonstrating their confidence in Glen Eagle’s business model and potential market capitalization.

MONTREAL, April 11, 2018 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (TSX-V:GER) reports that Insiders and Management have kept increasing their holdings in the Company to 45 million shares or 55.5% of all outstanding shares, demonstrating their confidence in Glen Eagle’s business model and potential market capitalization.

The Company is also pleased to announce that is has designed a completely new website more compatible with mobile devices and social media networks. Further improvements will be added over the next few weeks by incorporating a quality video using drone technology. The video will bring to the viewer an acute panorama of Cobra Oro’s gold plant and its surrounding geography.

As Cobra Oro expects to have an increasingly profitable operation, the Company felt the need to polish its image with a new communication platform that would appeal to a wider audience and be more compelling to social media users.

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.” Values in the news release are quoted in canadian dollars.